7527 Grassy Plains Dr LOT 75RenoNV89506
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Reno at 7527 Grassy Plains Dr LOT 75, Reno, NV, 89506 earns from $2,760/mo rent with a $2,286/mo payment. Total monthly income totals $2,760/mo. ROI tracks 19.86% on current figures, and rental yield reads 7.09% at a $466,990 purchase. Equity gained on principal adds $3,013/yr, and 5% annual appreciation supports $129,021 over five years. Five-year ROI reaches 102.24% and total cumulative return in cash sums $158,268. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,760/mo property income instead of your personal income.
Single Family
Built in 2025
5,445 sqft lot
$N/A/sqft
$68 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 89506, Reno, NV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,872 (100%) |
| Owner Occupied HU | 12,467 (69.8%) |
| Renter Occupied HU | 4,575 (25.6%) |
| Vacant Housing Units | 830 ( 4.6%) |
| Median Home Value | $466,488 |
| Average Home Value | $527,550 |
Housing Distribution
Address Breakdown
Residential
17,169
Single Family
16,944
Multi-Family
225
Businesses
735
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Listed by: Jordan Page • D.R. Horton
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250000484
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